BUDGET SUBMISSIONS : FY 2016/2017
In light of the ongoing national budget making process for the fiscal year 2016/2017 and in response to the Public Notice issued by the National Treasury on 05th February, 2016, the Public Finance and Tax Subcommittee prepare the following submissions for consideration in the preparation of the National Budget.
Recognizing that the Budget Policy Statement (BPS) provided an assessment of the current state of the economy and the financial outlook over the medium term, the committee utilized the provisions therein to guide the Institutes submissions. The submissions therefore focused on reforming Kenya’s tax systems and revenue administration, in order to enhance revenue productivity, tax efficiency and equitable and fair sharing of the tax burden.
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